Nov 022007
 

I recently bought a number of the best selling business books over the past several years to play in our office. The idea is to expose our team to some of the leading business thoughts of the day.

Note that I have read virtually every business book of note that has come out in the past 20 years. Regretfully, I have come to the conclusion that many of them are fluff, with the only objective being to find an easy way for the author to make money. Business success follows the reading of these books, but for the author(s) as opposed to the readers. Nevertheless, there are notable quality exceptions.

This is not one of them.

I had read the book Built to Last years ago when it came out, but could not recall how I felt about it. Once I fired up the CD, however, I recalled. I hated it.

Listening to it on tape, however, was even worse. The authors made the common mistake of narrating it themselves. As much as I dislike the book, I dislike the way the authors sound as they read it even more.

In short, I find the authors voices squirrelly. They imply, in their “get their ass kicked in school every day” voices, that they have figured out how businesses become successful from their academic offices. The combination of these types of voices and such an implication is tough to deal with.

They look at companies like Apple, IBM, etc., with an eye toward identifying why these companies became successful versus similar companies at the same time in the same industries that did not become as successful. What frustrated me about the book, however, and frustrates me even more with their squirrelly voices narrating it, it the complete lack of statiscally valid samples. It is essentially one company versus another, with subjective analysis such as one company has core values but another does not, or not as much, or the wrong ones, but (apparently) in the authors’ opinions.

This book should never have been a best seller. Additionally, the authors should have hired someone else to narrate it. Do yourself a favor, and skip both. I would, however, look for an abridged version or a web site that addresses the topic as alas, it was a highly successful business book and therefore the subject should at least be given a quick review. The only good thing that really came out of the book is the term BHAG, which is profiled on Wikipedia. Read this, and you have the only good content from the book, you’ve saved the time of reading all their other fluff, and you’ve saved yourself the cost of the book. You may also wish to read a related article in Fast Company that discusses how the identified “built to last” companies are not necessarily lasting.

We give a big thumbs down for “Built To Last” On audio CD. The content is generally not useful, little is to be learned from it, and the narration is squirrelly.

Sorry guys, I’m calling it like it is.

Oct 032007
 

Every so often, I am compelled to pick up a book that I might otherwise pass by. Maybe it is in a genre I normally do not read, or by an author, I had tried once before and decided to pass on, or even in an age range that I jumped past decades ago. This last group of books is the most compelling to cross over into. Books written for children, pre-teens, and teens often harbor good stories for adults whose time might be limited.

That is how I came to discover the compelling story of Rob Horton and Sistine Bailey, titled The Tiger Rising, by Kate DiCamillo. If you have read any other works by this author, you might be familiar with her Newbery Honor Book, Because of Winn-Dixie. Both of these titles epitomize why an adult like myself might be compelled to search out the childrens book shelves every now and then, as writing as good as these stories deserve to be read by more than just the ages the books were intended for.

When we open the first page of The Tiger Rising, we meet Rob Horton, standing beneath a flashing motel sign, a yellow neon star hanging over a blue neon shape of Kentucky. He lives at the motel with his father. In addition, if it was not odd enough that he lives at a motel, the Kentucky Star is a motel in Florida. His mother has died, and his father is doing the best he can to take care of him, working odd jobs around the motel to help keep a roof over their heads.

As he stands beneath the sign waiting for the school bus to come, pick him up, and take him to the last place he wants to go to, school, he is thinking about what he discovered behind the motel, in the woods, a tiger, and not any tiger, but an honest to goodness, live tiger in a cage. At least that is what he thinks he found. He is starting to doubt it, not so sure he can rely on his own memory. Not especially when it comes to something as amazing as a real, live tiger in the woods behind the crappy motel he lives at.

The good thing is that because he is thinking about the tiger, he is not thinking about some other things. The itchy, blistered, rash that has been on his legs since his mother died, his mother herself, and that he had to get on the bus to go to school.

As soon as he is on the bus, we learn why he would want to forget this last thing. Waiting on the bus for Rob is a group of kids that epitomize the term bully, and a bus driver who thinks that looking the other way is the best way to deal with the situation. Soon though, the attention is diverted from Rob, temporarily at least, when the bus makes an unscheduled stop and on walks the likes of Sistine Bailey. All dressed up in her party clothes, Sistine is as out of place on the bus as Rob is, just in a different way.

Once they arrive at school, Rob does get some good news, good to him at least. Parents of his classmates have been complaining about the rash on his legs, complaining to the point that he is called down to the principals office where he is informed that they think it would be best if he stayed home a few days until the rash clears up. The thing is, Rob knows the rash is not going to clear up, and he does try to tell them that, but no one will listen. Therefore, Rob takes the note home to his Dad, who decides that if the school does not want him, and if Rob does not want to be there, then staying home for a few days might be a good thing all around.

Then the new girl, Sistine, decides to take him his homework, and he inexplicably decides to confide in her about what he came across in the woods behind the Kentucky Star motel. What happens next is sure to keep you turning the pages to find out.

Oct 022007
 

If you are interested in business success, can you choose to ignore a book written by the CEO of the world’s largest privately held company? One has to assume that he has something he feels is worth sharing, as it can’t be for the money. Agreed?

I was not disappointed.

In this book, Koch discusses his path to what his enterprise refers to as Market Based Management, or MBM. He then goes on to explain the MBM business philosophy.

In summary, MBM consists of balancing its five dimensions:

Vision
Virtues and Talents
Knowledge Processes
Decision Rights
Incentives

I would characterize MBM as a process of remaining entrepreneurial as you grow, continuing to make individualized decisions specific to people and situations instead of locking into a more beauracratic model. With MBM, you continuously evaluate opportunities, operations, how things are executed, etc., dynamically adjust decision rights, and align incentives for associates with corporate goals, among other things. It seems to be a system that replicates the mindset of a successful entrepreneur.

Also notable is Koch’s interest in what makes people tick, what motivates people, particularly his choices for guidance, which ranges from Ludwig Von Mises to, seemingly, historians.

I strongly recommend this book. The success destined entrepreneur will definitely enjoy it and learn from it as it is quite like peering into the mind of a truly successful entrepreneur. Other types will find it a drag, I suspect, but then I doubt they’ll be attracted to the title to begin with.

We give a Thumbs Up, way UP, for The Science of Success by Charles Koch of Koch Industries.